Creaset HGP: Lecta’s new paper for grease-proof flexible packaging

Sonoco announced that two members of the Company’s Board of Directors will be leaving. Marc D. Oken, 75, chairman and founder of Falfurrias Capital Partners, a Charlotte, N.C., private equity firm, has reached the Board’s mandatory retirement age and will not stand for reelection at the Company’s 2022 Annual General Meeting. Oken joined the board in 2006 and serves on the Company’s Executive Committee as well as the Executive Compensation, Audit and Corporate Governance and Nominating committees. In addition, Lloyd M. Yates, 61, who was recently named President and Chief Executive Officer of NiSource, Inc. (NYSE: NI), a Merrillville, IN, energy holding company, extended his resignation to Sonoco’s Board, effective March 1, 2022. Yates served on Sonoco’s Board since 2019 and is a member of Audit, Financial Policy and Employee and Public Responsibility committees. Yate’s resignation was not the result of any disagreement between Yates and the Company, its management, board of directors or any committee thereof, or with respect to any matter relating to the Company’s operation, policies or practices.

Wisconsin-based Green Bay Packaging Inc. (GBP) has announced its acquisition of SMC Packaging Group, Springfield, Missouri. GBP describes the acquired firm as a producer of custom corrugated boxes, displays, packaging materials and equipment. SMC Packaging Group, founded in 1972 by Ross Ausburn and Charles Bachus, operates from multiple locations in Missouri, Arkansas and Oklahoma, says GBP. “We are excited to unite two well established, family-run businesses,” says Will Kress, board chair and CEO of Green Bay Packaging, which this decade has invested to build a new recycled-content paperboard mill in Green Bay, Wisconsin. That mill consumes several recovered paper grades, including mixed paper and old corrugated containers (OCC).

UPM Raflatac is extending its range of film face materials for the European market with a new plant-based material that provides a sustainable alternative to fossil-based films for a wide variety of end uses. RafBio PE 85 performs just like standard PE film, and its excellent flexibility makes it ideal for the squeezable bottles and contoured containers that are widely used in home and personal care applications. Part of the RafBio family of bio-based labeling solutions, RafBio PE 85 is the ideal choice for customers who are looking for a sustainable film face material that will reduce greenhouse gas emissions during its life cycle, compared to conventional PE, while still keeping products looking their very best. Made from sugarcane ethanol, the film contains more than 80% renewable plant-based raw material and is recyclable within the same recycling streams as fossil-based PE. Click Read More below for additional detail.